UPSG vs. NTSD

Last updated Jun 4, 2026

UPSG (Leverage Shares 2X Long UPS Daily ETF) and NTSD (WisdomTree Efficient U.S. Plus International Equity Fund) are both Leveraged Equities funds. Both are actively managed. At a 0.41 correlation, their price movements are largely independent. UPSG charges 0.75%/yr vs 0.35%/yr for NTSD.

Performance

UPSG vs. NTSD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long UPS Daily ETF (UPSG) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

UPSG

• 1D: -0.13%
• 1M: 30.08%
• YTD: 16.33%
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

NTSD

• 1D: -1.11%
• 1M: 7.13%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

UPSG vs. NTSD - Yearly Performance Comparison

	2026 (YTD)
UPSG Leverage Shares 2X Long UPS Daily ETF	24.35%
NTSD WisdomTree Efficient U.S. Plus International Equity Fund	17.91%

Correlation

The correlation between UPSG and NTSD is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 20, 2026	0.41

Return for Risk

UPSG vs. NTSD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long UPS Daily ETF (UPSG) and WisdomTree Efficient U.S. Plus International Equity Fund (NTSD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	UPSG	NTSD	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	0.52	5.08	-4.56

Drawdowns

UPSG vs. NTSD - Drawdown Comparison

The maximum UPSG drawdown since its inception was -37.29%, which is greater than NTSD's maximum drawdown of -5.20%. Use the drawdown chart below to compare losses from any high point for UPSG and NTSD.

Drawdown Indicators

	UPSG	NTSD	Difference
Max Drawdown Largest peak-to-trough decline	-37.29%	-5.20%	-32.09%
Current Drawdown Current decline from peak	-18.43%	-1.11%	-17.32%
Average Drawdown Average peak-to-trough decline	-16.93%	-0.84%	-16.09%

Volatility

Volatility by Period

	UPSG	NTSD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	58.91%	24.28%	+34.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.91%	24.28%	+34.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.91%	24.28%	+34.63%

UPSG vs. NTSD - Expense Ratio Comparison

UPSG has a 0.75% expense ratio, which is higher than NTSD's 0.35% expense ratio.

Dividends

UPSG vs. NTSD - Dividend Comparison

Neither UPSG nor NTSD has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both UPSG and NTSD in my portfolio?

UPSG and NTSD have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, UPSG or NTSD?

On fees, NTSD is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, UPSG or NTSD?

NTSD is cheaper with a 0.35% expense ratio, compared with 0.75% for UPSG.

Which ETF pays a higher dividend yield, UPSG or NTSD?

UPSG and NTSD have nearly identical dividend yields, around 0.00%.

What is the main difference between UPSG and NTSD?

They also come from different issuers: Leverage Shares and WisdomTree. Their fees differ too: 0.75% for UPSG and 0.35% for NTSD.